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Nov 26, 2012
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some saying it's bet gore off the fiscal cliff than accept a deal that does not raise the tax rates. as much as you hear this talk it all comes to looking good through the republican house. we do not know yet. we know the staff's been working back and forthe. there's been all sorts of things floating around. to correlate for what the tax cuts would be for the rest of the decade. it's complicated stuff. both teams growing at it. i know they spoke over the thanksgiving holiday, but we are not close to a gentlemen's agreement like you're perhaps hearing from the a few united states senators, tamron. >> thank you very much. let me bring in news nation's senior political reporter lois romano and cnn contributor and strategist keith boykin. we touched on comments on morning joe. he released a little more detail. it says in part republicans aren't against tax rate hikes because of one man or a pledge. we're against hiking rates because they're bad for the economy and hurt jobs. our first team points out it seems like the parties are ready to agree to a large point for taxes on the wealthy.
some saying it's bet gore off the fiscal cliff than accept a deal that does not raise the tax rates. as much as you hear this talk it all comes to looking good through the republican house. we do not know yet. we know the staff's been working back and forthe. there's been all sorts of things floating around. to correlate for what the tax cuts would be for the rest of the decade. it's complicated stuff. both teams growing at it. i know they spoke over the thanksgiving holiday, but we are not...
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Nov 26, 2012
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. >>> 5:39, what republicans and democrats are doing to reach a deal to avoid the fiscal cliff. >>> and the shocking discovery at the macy's thanksgiving day parade. >>> and it's anything but a yacht goes up in flames, how the people on board all managed to get out alive. ♪ [ female announcer ] those who look to fuel body and mind with the simplest of grains, they are not hard to find. just four ingredients, it all starts here. just as it was back 100 years. from the seed to the spoon, simple things go into every flake, every bite, genuine, true. the simple grains cereals from kellogg's. start simple. start right. the simple grains cereals from kellogg's. been shopping so smart, cash back with your freedom card getting cash back on what? close shave and haircut fan for the ceiling. you're gonna cool off that hoooounddd! tonight you gotta get your cash back, on new slacks. use freedom on lunch with jack. everybody get! everybody get! get your cash back. saturday morning. it started on the 80 fo >>> well a yacht caught fire off the coast of miami beach on saturday morning. it started on
. >>> 5:39, what republicans and democrats are doing to reach a deal to avoid the fiscal cliff. >>> and the shocking discovery at the macy's thanksgiving day parade. >>> and it's anything but a yacht goes up in flames, how the people on board all managed to get out alive. ♪ [ female announcer ] those who look to fuel body and mind with the simplest of grains, they are not hard to find. just four ingredients, it all starts here. just as it was back 100 years. from...
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Nov 26, 2012
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fiscal cliff at the end of the year. and tonight, what could be a turning point. some republicans saying they are now willing to break that pledge of no new taxes. david kerley at the white house tonight. >> reporter: with some shopping done, president obama may be getting a gift from some republicans, republicans who signed a pledge never to raise taxes. this morning on abc news, a leading senator. >> i will violate the pledge. long shory short, for the good of the country if democrats will do entitlement reform. >> reporter: and pete chambliss says he will not abide by the pledge. support from a vocal house member too. >> i agree. a pledge you signed 20 years ago, 18 years ago is for that congress. the world has changed and the economic system is different. >> reporter: they are talking about that man's pledge, americans for tax reform president grover norquist who has hundreds of republicans signed. >> do you feel you are under assault? >> no. it allows elected officials to make it clear openly to voters where they st
fiscal cliff at the end of the year. and tonight, what could be a turning point. some republicans saying they are now willing to break that pledge of no new taxes. david kerley at the white house tonight. >> reporter: with some shopping done, president obama may be getting a gift from some republicans, republicans who signed a pledge never to raise taxes. this morning on abc news, a leading senator. >> i will violate the pledge. long shory short, for the good of the country if...
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Nov 26, 2012
11/12
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>> one thing i'm worried about is the fiscal cliff issue, the tax increases and spending cuts that take place january 1 unless congress and the president reach a deal. businesses have been worried about that for months. maybe consumers are start-- maybe it's starting to creep into their thinking as well. we saw a weaker consumer sentiment number last week. that's thing to watch to worry about as we wonder what the holiday season will be like. >> brown: nariman behravesh, is it strange or do things really change? on the one hand, we want people to get out and spend, but on the other hand, we still talk about over-spending and spending money people didn't really have was part of the problem that got us into this state in the first place. so what's-- that sounds like a little bit of a disconnect. where are we on that? >> well, i think neil is right in saying consumer finances are in much better shape right now. so in that sense, the kind of spending we're seeing now is more sustainable. it's healthier in a sense. debt levels are down. people are not taking, say, home equity out to spend on
>> one thing i'm worried about is the fiscal cliff issue, the tax increases and spending cuts that take place january 1 unless congress and the president reach a deal. businesses have been worried about that for months. maybe consumers are start-- maybe it's starting to creep into their thinking as well. we saw a weaker consumer sentiment number last week. that's thing to watch to worry about as we wonder what the holiday season will be like. >> brown: nariman behravesh, is it...
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Nov 26, 2012
11/12
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almost four in ten said if the country falls off the fiscal cliff they will be impacted a great deal. or somewhat. look at this. another four in ten say somewhat. only about one in five say, you know what, if the country falls offer the fiscal cliff i'm not going to be impacted that much or not at all. our poll also indicates, as you mention, americans want compromise but they don't think they're going to get it from politicians. here's why. look at this next number, two-thirds say that politicians here in washington, d.c. are going to act like spoiled children when we get down to these negotiations. only about one in three said that the politicians act like responsible adults. and the blame game. if there is no deal by the end of the year, who gets the blame? seems more than likely republicans in congress rather than the president. here's why. about 45% say president obama is doing enough to cooperate with the other side. that goes down to about only 24% when it comes to the republicans in congress. >> i'm still shocked by that spoiled children there. crazy. all right, so more republ
almost four in ten said if the country falls off the fiscal cliff they will be impacted a great deal. or somewhat. look at this. another four in ten say somewhat. only about one in five say, you know what, if the country falls offer the fiscal cliff i'm not going to be impacted that much or not at all. our poll also indicates, as you mention, americans want compromise but they don't think they're going to get it from politicians. here's why. look at this next number, two-thirds say that...
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Nov 26, 2012
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on the fiscal cliff. this group is spearheading a movement, what they want to do is make everybody aware of the possible implications of going off the cliff. a big part of the fiscal cliff is tax reform. if congress and the president do nothing by the end of the year, employees could be in danger of losing some benefits attached to their 401(k)s. we talked with brian graph, with this group, he says the big worry is that congress could reduce how much employees can put into their plans on tax deferred basis. so you look at currently what we can do, workers can put up to $17,000 into their 401(k)s every year. you see that cut all the way down to $10,000. that's a huge difference, brooke. >> is this, you know, i know it is big companies, does this also affect small businesses? >> oh, yes, yes. and exactly, yeah. many small business owners are -- could consider just getting rid of their plans if the costs are to outweigh the benefits that would have a huge impact. employee benefit research institute finds tha
on the fiscal cliff. this group is spearheading a movement, what they want to do is make everybody aware of the possible implications of going off the cliff. a big part of the fiscal cliff is tax reform. if congress and the president do nothing by the end of the year, employees could be in danger of losing some benefits attached to their 401(k)s. we talked with brian graph, with this group, he says the big worry is that congress could reduce how much employees can put into their plans on tax...
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Nov 26, 2012
11/12
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but our new poll did ask the question, who would be more responsible if we head over that fiscal cliff? and as you see there, more people, 11 points, will blame the republicans. but i pulled out in sort of doing a deeper dive of the number of independent voters. look at that. independents whom we learned in this last election are really republican-leaning voters but they're kind of disenchanted, 43% of them would blame the republicans. again, only 32% blame the question. the republican-leaning independents, these the problem for speaker boehner and the republicans in the house. those are the voters they need to come back into the republican ranks, which is why you have this softening of the tone that we've been hearing over the weekend, in style, if not in substance, at least not yet. >> and where is the american public as far as the president's role is concerned? >> well, the president has his own tricky situation. just been reelected, he has to prove that he's a strong leader. he's got his liberals saying to him, we're not going to take those entitlement cuts. he's got those house re
but our new poll did ask the question, who would be more responsible if we head over that fiscal cliff? and as you see there, more people, 11 points, will blame the republicans. but i pulled out in sort of doing a deeper dive of the number of independent voters. look at that. independents whom we learned in this last election are really republican-leaning voters but they're kind of disenchanted, 43% of them would blame the republicans. again, only 32% blame the question. the republican-leaning...
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Nov 26, 2012
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ram. >>> the countdown is on. 36 takes until we reach the so-called fiscal cliff. can the president and congress get a deal done? it all depends on working together. a lesson learned by hostage negotiators, high-profile attorneys, and yes, kids on the playground. here's cnn's kyung lah. >> we cannot afford to extend the bush tax cuts for the wealthy. >> 700,000 jobs would be destroyed. >> reporter: two sides, ground into their positions. but they can meet in the middle. just ask tough negotiators outside the beltway. >> i'm the negotiator who knows how to deal with bad guys. >> reporter: he's not talking about politicians. but crooks. literally. trimarco was the fbi's negotiator in high-profile bank who is tamg standoffs. he says he peacefully freed dozens of hostages during his 20 years with the agency. he negotiated seemingly impossible deals and says he never lost a life. you have to plan for everything going wrong as a negotiator. >> yeah. you've got to be ready for it. and to deal with it. and you've got to be flexible. >> reporter: but not too flexible. the l
ram. >>> the countdown is on. 36 takes until we reach the so-called fiscal cliff. can the president and congress get a deal done? it all depends on working together. a lesson learned by hostage negotiators, high-profile attorneys, and yes, kids on the playground. here's cnn's kyung lah. >> we cannot afford to extend the bush tax cuts for the wealthy. >> 700,000 jobs would be destroyed. >> reporter: two sides, ground into their positions. but they can meet in the...
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Nov 26, 2012
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it is in terms of fiscal cliff. and so they have three legs necessary to make a deal . yes. they need to generate the revenue. and we need to have certainity. it is entitledment. and we don't want to become greece. >> gretchen: how do you answer that. that doesn't begin to cover the cost of the entitlement programs. how will they answer the answer the americans about that. >> the tax cuts, there is four twillion cut. and all kinds of ways to cut the fraught and abuse. it is clear that republicans need to give in on the tax cut issue first? >> i guess so. we'll see if that is how it goes when it all comes to the table. they are playing nicey nicey but not yet back to work. thank you so much. >> great to see you. >> call it a low jack for women and wives forced to wear collars and so their husbands can track them? this is 2012 and 13. it is not just a dollar and dream. it is a strategy for the jackpot. a man who won the lottery several times here to share his secrets for us. and she's only 31. ♪ [ female announcer ] you can always measure the growth of your children by the w
it is in terms of fiscal cliff. and so they have three legs necessary to make a deal . yes. they need to generate the revenue. and we need to have certainity. it is entitledment. and we don't want to become greece. >> gretchen: how do you answer that. that doesn't begin to cover the cost of the entitlement programs. how will they answer the answer the americans about that. >> the tax cuts, there is four twillion cut. and all kinds of ways to cut the fraught and abuse. it is clear...